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<br /> WHEN RECORDED MAIL TO: "'
<br /> UNITED NEBRASKA BANK
<br /> 700 N WEBB RD `
<br /> PO BOX 5018 �
<br /> GRAND ISLAND,NE 68802
<br /> 99 :� � 9�5'7 �' �;
<br /> SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST IS DATED SEPTEMBER 28, 1999, among CECIL B BIRCHARD and BARBARA G
<br /> BIRCHARD, HUSBAND AND WIFE, whose address is 107 COMET COURT, ALDA, NE 68810 (referred to below
<br /> as "Trustor"); UNITED NEBRASKA BANK, whose address is 700 N WEBB RD, PO BOX 5018, GRAND ISLAND, �
<br /> NE 68802 (referred to below sometimes as "Lender" and sometimes as "Beneficiary"); and UNITED
<br /> NEBRASKA BANK, whose address is 700 N WEBB RD., GRAND ISLAND, NE 68803 (referred to below as
<br /> "Trustee").
<br /> CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of
<br /> Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or �
<br /> subsequently erected or affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water rights and
<br /> ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties and profits relating to the real propert , including
<br /> without limitation all minerals, oi1, gas, geothermal and similar matters, IoCBted In HALL �oUnty, State of Nebraska (t�ie "Reel
<br /> Property"):
<br /> LOT SIXTEEN (16), ARGO THIRD SUBDIVISION, HALL COUNTY, NEBRASKA.
<br /> The Real Property or its address is commonly known as 103 COMET COURT, ALDA, NE 68810.
<br /> Trustor presently assigns to Lender(also known as Beneficiary in this Deed of Trust)all of Trustor's right, title,and interest in and to all present and
<br /> future leases of the Property and all Rents from the Property. In addition,Trustor grants Lender a Uniform Commercial Code security interest in the
<br /> Rents and the Personal Property defined below.
<br /> DEFINITIONS. The following words shall have the following meanings when used in tk�is Deed of Trust. Terms not otherwise defined in this Deed of
<br /> Trust shall have the meanings attributed to such terms in the Uniform Commercial Code. All references to dollar amounts shall mean amounts in
<br /> lawful money of the United States of America.
<br /> Beneficiary. The word "Beneficiary" means UNITED NEBRASKA BANK, ks 'uCCessors and assigns. UNITED NEBRASKA BANK also is
<br /> referred to as"Lender"in this Deed of Trust.
<br /> Borrower. The word"Borrower"means each and every person or entity slgrilr�p thB Note,including without limitation CECIL B BIRCHARD.
<br /> Deed of Trust. The words "Deed of TrusY' mean this Deed of Trust among Trustor, Lender, and Trustee, and includes without limitation all
<br /> assignment and security interest provisions relating to the Personal Property and Rents.
<br /> Guarantor. The word "Guarantor" means and includes without limitation any and all guarantors, sureties, and accommodation parties in
<br /> connection with the Indebtedness.
<br /> Improvements. The word "Improvements" means and includes without limitation all existing and future improvements, buildings, structures,
<br /> mobile homes affixed on the Real Property,facilities,additions,replacements and other construction on the Real Property.
<br /> Indebtedness. The word"Indebtedness"means all principal and interest payable under the Note and any amounts expended or advanced by �
<br /> Lender to discharge obligations of Trustor or expenses incurred by Trustee or Lender to enforce obligations of Trustor under this Deed of Trust,
<br /> together with interest on such amounts as provided in this Deed of Trust. In addition to the Note, the word "Indebtedness" includes all
<br /> obligations, debts and liabilities, plus interest thereon, of Borrower to Lender, or any one or more of them, as well as all claims by Lender
<br /> against Borrower, or any one or more of them, whether now existing or hereafter arising, whether related or unrelated to the purpose of the
<br /> Note, whether voluntary or otherwise,whether due or not due,absolute or contingent,liquidated or unliquidated and whether Borrower may be
<br /> liable individually or jointly with others,whether obligated as guarantor or otherwise,and whether recovery upon such Indebtedness may be or
<br /> hereafter may become barred by any statute of limitations, and whether such �ndebtedness may be or hereafter may become otherwise
<br /> unenforceable. (Initial Here )
<br />�
<br /> Lender. The word"Lender"means UNITED NEBRASKA BANK,its successors and assigns.
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